BUDFF (Anheuser-Busch InBev/NV) EV-to-FCF: 16.51 (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUDFF Anheuser-Busch InBev SA/NV BUDFF
82 GF Score
Price $78.25
GF Value $68.61
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Anheuser-Busch InBev/NV EV-to-FCF?

Anheuser-Busch InBev/NV BUDFF 82 EV-to-FCF is 16.51 as of Sep. 22, 2026. GuruFocus rates BUDFF with a GF Score™ of 82/100 and a GF Value™ of $68.61 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 130 Beverages - Alcoholic companies, Anheuser-Busch InBev/NV ranks worse than 54.62% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Anheuser-Busch InBev/NV's Enterprise Value is $227,156 Mil. Anheuser-Busch InBev/NV's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $13,762 Mil. Therefore, Anheuser-Busch InBev/NV's EV-to-FCF for today is 16.51.

The historical rank and industry rank for Anheuser-Busch InBev/NV's EV-to-FCF or its related term are showing as below:

BUDFF' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 20.53
Current: 16.51

During the past 13 years, the highest EV-to-FCF of Anheuser-Busch InBev/NV was 20.53. The lowest was 0.00. And the median was 0.00.

BUDFF's EV-to-FCF is ranked worse than
54.62% of 130 companies
in the Beverages - Alcoholic industry
Industry Median: 17.285 vs BUDFF: 16.51

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-09-22), Anheuser-Busch InBev/NV's stock price is $78.25. Anheuser-Busch InBev/NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $4.643. Therefore, Anheuser-Busch InBev/NV's PE Ratio (TTM) for today is 16.85.


Anheuser-Busch InBev/NV  (OTCPK:BUDFF) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Anheuser-Busch InBev/NV's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=78.25/4.643
=16.85

Anheuser-Busch InBev/NV's share price for today is $78.25.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Anheuser-Busch InBev/NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $4.643.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Anheuser-Busch InBev/NV EV-to-FCF Related Terms


Anheuser-Busch InBev/NV EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Anheuser-Busch InBev/NV's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Anheuser-Busch InBev/NV EV-to-FCF Chart

Anheuser-Busch InBev/NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.50 26.26 24.48 15.49 17.96

Anheuser-Busch InBev/NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.74 15.49 18.65 17.90 17.36

BUDFF vs STZ, TAP: EV-to-FCF Comparison

For the Beverages - Brewers subindustry, Anheuser-Busch InBev/NV's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Anheuser-Busch InBev/NV EV-to-FCF vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Anheuser-Busch InBev/NV's EV-to-FCF falls into.


BUDFF
82GF Score
Anheuser-Busch InBev SA/NV BUDFF
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anheuser-Busch InBev/NV EV-to-FCF Calculation

Anheuser-Busch InBev/NV's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=227156.468/13762
=16.51

Anheuser-Busch InBev/NV's current Enterprise Value is $227,156 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Anheuser-Busch InBev/NV's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $13,762 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 16.51 mean?
Anheuser-Busch InBev/NV (BUDFF) has a EV-to-FCF of 16.51 as of Sep. 22, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Anheuser-Busch InBev/NV and its competitors. According to the industry distribution chart, Anheuser-Busch InBev/NV ranks #71 out of 130 companies in the Beverages - Alcoholic industry, placing it in the top 54.6%.
Is Anheuser-Busch InBev/NV's EV-to-FCF too high?
Anheuser-Busch InBev/NV's current EV-to-FCF is 16.51. The Beverages - Alcoholic industry median EV-to-FCF is 17.29. Anheuser-Busch InBev/NV's value of 16.51 is 4.5% below this industry median. Based on the distribution chart, Anheuser-Busch InBev/NV ranks #71 out of 130 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Anheuser-Busch InBev/NV has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anheuser-Busch InBev/NV's EV-to-FCF compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Anheuser-Busch InBev/NV ranks #71 out of 130 companies for EV-to-FCF. This places Anheuser-Busch InBev/NV in the lower half of its industry. The industry median EV-to-FCF is 17.29. Anheuser-Busch InBev/NV's value of 16.51 is 4.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Beverages - Alcoholic company?
The median EV-to-FCF among Beverages - Alcoholic companies is 17.29, based on 130 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anheuser-Busch InBev/NV's current EV-to-FCF of 16.51 is 4.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Anheuser-Busch InBev/NV and its competitors. For the Beverages - Alcoholic industry, the median EV-to-FCF is 17.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anheuser-Busch InBev/NV's current EV-to-FCF is 16.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anheuser-Busch InBev/NV stock overvalued right now?
Based on GuruFocus' analysis, Anheuser-Busch InBev/NV (BUDFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $68.61, compared to a current price of $78.25 — trading 14.1% above its estimated fair value. The current EV-to-FCF is 16.51 and 4.5% below the Beverages - Alcoholic industry median of 17.29. Anheuser-Busch InBev/NV's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Anheuser-Busch InBev/NV (BUDFF), the current EV-to-FCF is 16.51 as of Sep. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Anheuser-Busch InBev/NV (BUDFF) Overvalued in 2026?

Based on GuruFocus' analysis, Anheuser-Busch InBev/NV stock appears to be overvalued. The current stock price of $78.25 is trading 14.1% above its estimated GF Value™ of $68.61. GuruFocus considers Anheuser-Busch InBev/NV to be Modestly Overvalued.

Key valuation signals for BUDFF:

  • EV-to-FCF: 16.51
  • GF Value™: $68.61 vs. price of $78.25 (14.1% above fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 4.5% below the Beverages - Alcoholic median (#71 of 130)

No single metric tells the full story. See the BUDFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anheuser-Busch InBev/NV Business Description

Address Brouwerijplein 1, Leuven, BEL, 3000
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, an 87% stake in Budweiser APAC, and in 2016 acquired SABMiller.
82GF Score

Get the complete analysis for BUDFF

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$78.25
Price
$68.61
GF Value